- 12.99% Low Fixed APR - Rate Won't Change Even If You're Late!
- Choose Your Credit Limit - From $200 up to $500
- Monthly Credit Bureau Reporting
- Genuine Visa Credit Card - Not a Pre Paid or Debit Card
- Accepted Worldwide at Millions of Locations
Introductory APR Info
Regular APR
Annual Fee
No Introductory Rate Available
12.99%
See Terms
Card Review
The Applied Bank® Secured Visa® Credit Card, issued by Applied Bank, is designed for those with limited or poor credit history who want the convenience of a credit card.
The major benefit of this card is the fixed APR of 12.99% for purchases and cash advances, which is reasonably low for a secured card.
There is a $200 minimum deposit required and a $500 maximum.
Unlike most secured credit cards, this card provides additional services and benefits, including online account access and various fraud protection services.
The Applied Bank® Secured Visa® credit card also offers worldwide acceptance at millions of locations, as well as monthly credit bureau reporting.
It is important to note that a major drawback of the card is that there is no grace period for purchases.
This means that interest will be applied immediately to any charges made with the card.
A downside is that this card does not pay interest to the deposit amount, which sets it apart from other secured cards that do.
Those who can afford the $200 minimum deposit and do not mind accumulating finance charges once a transaction is posted, will benefit most from the very low rate that the Applied Bank® Secured Visa® Credit Card has to offer.
Additional Card Details
Overall Rating
5 Stars
Benefit Rating
5 Stars
Issuer
Applied Bank
Card Type
Visa
Card Status
Standard
Important Notations
See website for complete terms and conditions of card usage and application disclosure.
Grace Period
None
Minimum Limit
$200
Maximum Limit
$500
Minimum Deposit
$200
Over Limit Fee
Up to $35
Cash Advance Fee
n/app
Balance Transfer Fee
n/app
Application Fee
$0
Rebate Minimum
n/app
Rebate Maximum
n/app
Additional Rebates
n/app
Mile Details
n/app
Miles Per Dollar Spent
n/app
Additional Miles
n/app
Miles Work with FF Program
n/app
Points Per Dollar Spent
n/app
Point Details
n/app
Additional Points
n/app
Approval Bonus
n/app
First Purchase Bonus
n/app
Balance Transfer Bonus
n/app
Other Bonus
n/app
Bonus Details
n/app
Additional Perks
Credit bureau reporting.
See website for additional benefits.
